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Explore Quotations, Proverbs & Sayings

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Letter "M" » Michael Ching Quotes
«We expect to maintain our estimates at $1.05 a share for 2000 and $1.43 for 2001, so Motorola remains the most attractively valued stock in our universe, at 23 times 2001 EPS estimates.»
Author: Michael Ching
«In the near-term, Qualcomm's earnings outlook has been diminished due to recent events in China and Korea. For the June quarter, we are currently forecasting 16 percent pro forma revenue growth to $750 million and 26 percent pro forma EPS growth to 27 cents. Based on the company's press release, our EPS estimate looks to be too high.»
Author: Michael Ching
«The recent stock price fluctuations remind us of the old days (pre-1999) when Qualcomm's earnings outlook was cloudy and the stock traded more on speculation than fact.»
Author: Michael Ching
«The fact is that Next Level's management has no indication as to whether Qwest will actually slow down VDSL deployment. We do not believe that there will be any upside to next year's numbers from Qwest and, in fact, there may be some downside.»
Author: Michael Ching
«With the restructuring essentially finished, we expect investors to now focus on 3Com's emerging technologies and its bottom line. We continue to look for the company to report a breakeven fourth quarter, although earnings per share could turn positive in the second quarter due to non-operating gains.»
Author: Michael Ching
«The growth in Lucent's optical systems revenue has been the biggest disappointment.»
Author: Michael Ching
«We believe that most of the issues impacting Lucent's September quarter results are company specific. Even increasing bad debt reserves because of emerging service provider credit concerns reflects Lucent's aggressive policy towards providing vendor financing.»
Author: Michael Ching
«Chipset sales declined 26 percent to $269 million, and operating margins dropped to 24 percent from 39 percent. Qualcomm shipped only 11 million chipsets in the quarter, down from 15 million in the preceding quarter and 13.5 million a year ago. This disappointing performance partially reflected continued weak demand in Korea.»
Author: Michael Ching
«Lucent has run up recently on media discussion of being a take-over target. We believe that in the current environment, this is a possibility.»
Author: Michael Ching
«An acquirer could purchase the entire Lucent and recover a substantial portion of the payment through a sale of the microelectronics group.»
Author: Michael Ching

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